Greg Wolf Fund Inc

Analysis

Greg Wolf Fund Inc is a registered charity in United States, based in Yardley, PA. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Greg Wolf Fund Inc reported income of $118k and spending of $36k, leaving 70% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $176k to $118k (-33%), an average of -9.6% a year. The sharpest change came in the year to December 2021, when income rose by 113%. Over the whole period it spent 146% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Greg Wolf Fund Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within PA. Charities of a similar size with the same main cause include Foresight Development International Incorporated ($118k), Opelika Kiwanis Foundation Inc ($118k) and Erins Hope Project Inc ($118k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% of the total. At year end it held assets of $973k against liabilities of $46k, net assets of $927k.